The New Age Paradox

Piya Mahtaney

Chapter 1 in India, China and Globalization, 2007, pp 1-12 from Palgrave Macmillan

Abstract: Abstract Economic thought has evolved over time, technology is becoming increasingly sophisticated and affluence continues to scale dizzying heights. This sequence of events would have been wonderfully flawless were it not for the alarming proportion of deprivation and poverty that relentlessly persists and does so in most parts of the world. I could say that underdevelopment is perhaps the most globalized phenomenon of contemporary times.

Keywords: Economic Progress; Structural Adjustment Programme; Washington Consensus; Dollar Term; Capital Account Liberalization (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1057/9780230591547_1

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